ACR 2015 The Crossroads of Radiology

ACR2015VM66 - Money Matters

May 20, 2015 10:00am ‐ May 20, 2015 12:00pm


Description

This session will provide the participants with a foundation in principles of finance critical to strategic planning and for making operational decisions in radiology groups. Financial analysis, which can be used (and misused) in making better models in the radiology practice, will also be discussed. The distinction between revenue and cash and introduce the concept of the time value of money will be covered. Several of most commonly used metrics in this field will be explained and used in examples of financial projections including break even, payback period, discount rates, and net present value.

Subspecialties: NIS
Modalities: NI

Speaker(s):

Disclosures

  • Officer, Director: Boston Imaging Core Labs; Ownership/Partnership: Boston Imaging Core Labs
  • RadHelp
  • Ownership/Partnership: Zotec Partners; Intellectual Property: RightsZotec Partners

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